$BNB BNB Price (May 5, 2025): BNB is trading around $598, with a market cap of $83.5 billion.
Market Analysis: Analysts see a triangle pattern on the chart, suggesting a possible breakout. If it breaks upward, it could reach $617 or $644.
Big News: VanEck filed for a $BNB ETF in the U.S., which could bring more investors. The ETF may include staking rewards. Binance continues regular BNB burns to reduce supply and support long-term value.
BNB Uses: Discounts on Binance trading fees Gas fees on BNB Chain Joining new token sales Used in DeFi apps Accepted for some online payments step by step buying
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